Latest Legislation Headlines

All the headlines from our Legislation Topic Page, ordered by recency.

Upcoming California elections make industry’s fate uncertain

Apr 3 2006 // As California political race heats up for governor, lieutenant governor, insurance commissioner, and attorney general, the insurance industry is speculating who will lead the state — and how that will affect...

Western insurance associations: How the West is run

Apr 3 2006 // Editor’s note:This is the first article in a series on Western insurance associations. Part II of this article will appear in a future issue. As people migrate to the West to enjoy the weather and opportunities for...

The London insurance market: The City and the regulators

Apr 3 2006 // For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally. It’s never been easy, but the fact that it has happened at...

The London insurance market: The City and the regulators

Apr 3 2006 // For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally. It’s never been easy, but the fact that it has happened at...

Editor’s Note: Uniform disclosure

Apr 3 2006 // This regulation by class action invites a mishmash of rules of disclosure that is likely confuse customers and eventually burden agents. Independent agents for Zurich Insurance are being asked to pay for the sins of...

News Currents

Apr 3 2006 // Pennsylvania Gov. Rendell not shy with his veto pen Pennsylvania Governor Edward G. Rendell recently vetoed legislation designed to scale back the obligation of defendants to pay damage awards in civil lawsuits. He also...

Agency Advisor

Apr 3 2006 // By serving your employees with the same retention principles that you use with clients, you can enhance the value and durability of your employee relationships and ensure a long-term relationship. In previous articles,...

Insurance regulatory reform – a constant process

Apr 3 2006 // By enacting the McCarran-Ferguson Act in 1945, Congress permitted the states to continue their taxing and oversight of insurance. However, Congress did not give up its preemptive authority over insurance. While...

Agency Advisor

Apr 3 2006 // In previous articles, Paul Martin and I have shared key strategies for recruiting, hiring and training employees. While designed to be effective and efficient, the processes we outline, nevertheless, require significant...

Closer Look: Insurance Associations

Apr 3 2006 // Editor’s note: This is the first article in a series on Western insurance associations. Part II of this article will appear in a future issue. As people migrate to the West to enjoy the weather and opportunities for...

CPCU

Apr 3 2006 // As California political race heats up for governor, lieutenant governor, insurance commissioner, and attorney general, the insurance industry is speculating who will lead the state – and how that will affect...

International

Apr 3 2006 // The London insurance market: The City and the regulators For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally....

Texas Businesses Studying Governor’s Proposed Tax Structure

Mar 31 2006 // As the owner of his family’s 28-year-old company, Kurt Summers is one of the few Texas businessmen that pay state business taxes. The roughly $8,000-a-year that he pays on Austin Generator Service is a tax that Gov....

P/C Insurers Comment on Repeal of Tort Doctrine

Mar 31 2006 // The Florida Legislature took another important step toward making its civil justice system more equitable by repealing the doctrine of joint and several liability, according to the Property Casualty Insurers Association of...

Willis Names Dinallo General Counsel

Mar 30 2006 // Global insurance broker Willis Group Holdings announced the appointment of Eric Dinallo as General Counsel. He will also join Willis’ Partners Group, the company’s top management committee. Dinallo will be...

Insurer Group Urges Lawmakers to Block Trial Lawyers Windfall Profit Bill

Mar 30 2006 // The Property Casualty Insurers Association of America is urging the Illinois House to reject an attempt by the trial bar to enable plaintiffs to receive compensatory damage awards based on the amount of medical expenses...

ABI Report Questions Effectiveness of Some FSA Regulation

Mar 30 2006 // The Association of British Insurers’ new report “The Regulation of General Insurance: One Year On” has found that “many customers feel the regulated sales process is too long and contains...

NAMIC Urges Miss. Governor to Sign Building Code Legislation

Mar 30 2006 // The National Association of Mutual Insurance Companies has urged Mississippi Gov. Haley Barbour to sign into law a bill that would require five of the state’s most southerly counties to enact emergency building code...

New Law May Hamper Nevada Mining Watchdog Group

Mar 30 2006 // The chief proponent of a new law cited by Nevada in trying to block a mining industry watchdog group’s efforts to stop pollution from an old Nevada gold mine said that he didn’t envision the law being used that...

Agents Briefed About Florida Legislation, Met With Legislators

Mar 30 2006 // More than 120 of Florida’s independent agents attending the March 29 and 30 Florida Independent Insurance Agents Legislative “Fly-In” heard Skip Long, Scott Johnson, Laura Pearce and Kyle Ulrich outline...